Luxury Home Statistics for Bakersfield (current 7-14-10)

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Real Estate Agent with Miramar International


These are the current statistics for the Bakersfield luxury home market

There are currently 128 listings in the Bakersfield MLS area. Of the 128 listings, there are 13 short sales and 1 bank owned property. The luxury market in this area is defined for ease as 500k and above. The highest priced listing is $2.295 million and there are 7 listings over $1.5 million. The average size of the luxury priced home is 3893 sq. ft. for an average of about $200/sq ft. The Bakersfield luxury market is broken down in the various zip codes

93301=1.......Oleander area

93306=11.....Bakersfield Country Club, Rio Bravo

93308=9....Georgia Dr., Round Mountain Rd areas

93309=5.....Stockdale Estates, Old Stockdale

93311=35...Seven Oaks, Haggin Oaks

93312=14....Brimhall Classics, Trinity, Brighton Estates

93314=25...Talladega, Silverado Estates, Legacy Estates, Landmark Estates, Masterpiece Estates areas

These are the active listings in Metro Bakersfield, the rest are out of the immediate city.

There have been 37 luxury properties sold in the last 6 months and 20 in the last 3 months. The highest priced sold property was in the Old Stockdale region.(93309) for $1.55 million. Compared to last year, there were 54 properties sold by now. If you would like to search or look for properties on our website, feel free to go to www.mymajesticproperties.com or call ask questions via email btipton@kw.com

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Tags:
seven oaks bakersfield
haggin oaks
talladega
legacy estates
masterpiece estates
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Rainer
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Randy Dodd
Rosanna's Realty - Abilene, TX
Realtor, ePro, GRI, TAHS

Thanks for the invite to look and preview properties sorry I'm out of referrals to send you in that price range...

Jul 13, 2010 11:33 PM #1
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Rainer
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Bart Tipton

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